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Request Approval Using Blockchain Technology

  • US 20200136803A1
  • Filed: 10/30/2018
  • Published: 04/30/2020
  • Est. Priority Date: 10/30/2018
  • Status: Active Grant
First Claim
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1. A computer-implemented method comprising steps of:

  • initiating creation of a blockchain network comprising multiple devices corresponding to multiple required sub-requests configured for a particular request for approval transaction, wherein the blockchain network further comprises multiple cryptographic tokens corresponding to the multiple devices;

    implementing, at a given one of the multiple devices, a distinct block in the blockchain network, wherein the implemented block comprises cryptographic information pertaining to the particular request for approval transaction, a decision value for one or more of the required sub-requests, and a count of the cryptographic tokens remaining in the blockchain network;

    broadcasting, from the given device to the remaining devices within the blockchain network, information pertaining to the implemented block;

    removing at least one of the cryptographic tokens from the blockchain network in response to each implemented block that corresponds to approval of a required sub-request; and

    granting the particular request for approval transaction in response to removal of all of the cryptographic tokens from the blockchain network;

    wherein the steps are performed by at least one processing device comprising a processor coupled to a memory.

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